The so-called ‘pocket book’ sold in supermarkets is being phased out across the US, the latest sign of an ongoing shift in how people are choosing to read Shelly Romero has early memories of going to her local supermarket and picking pulp fiction off the shelves. “We were very working class; my mom was working two jobs sometimes,” she recalls. “The appeal of books being cheaper and smaller and abl...
The so-called ‘pocket book’ sold in supermarkets is being phased out across the US, the latest sign of an ongoing shift in how people are choosing to read Shelly Romero has early memories of going to her local supermarket and picking pulp fiction off the shelves. “We were very working class; my mom was working two jobs sometimes,” she recalls. “The appeal of books being cheaper and smaller and able to be carried around was definitely a thing. ” For generations of readers, the gateway to literature was not a hushed library or a polished hardback but a wire spinner rack in a supermarket, pharmacy or railway station. There, amid chewing gum and cigarettes, sat the mass-market paperback: squat, roughly 4in by 7in and cheap enough to be bought on a whim. Continue reading...
Tottenham have lowest wage bill among ‘big six’ sides Major overhaul of squad planned for summer by owners Tottenham’s owners are planning to rip up the club’s rigid wage structure before a major overhaul of the squad this summer if the team avoid relegation. There is an acknowledgment at Spurs that the club have underinvested in player salaries for years, which along with an injury crisis has led...
Tottenham have lowest wage bill among ‘big six’ sides Major overhaul of squad planned for summer by owners Tottenham’s owners are planning to rip up the club’s rigid wage structure before a major overhaul of the squad this summer if the team avoid relegation. There is an acknowledgment at Spurs that the club have underinvested in player salaries for years, which along with an injury crisis has led to their being 16th in the Premier League, four points off the bottom three. Continue reading...
JPMorgan Chase & Co. said it will remove the United Arab Emirates from its emerging-market bond indexes by June after the Middle Eastern nation exceeded the bank’s measures of wealth for three successive years. The UAE, which accounts for 4.1% of the JPMorgan’s global diversified EM bond universe , will make its exit in four equal decrements beginning March 31, the New York-based bank said in a st...
JPMorgan Chase & Co. said it will remove the United Arab Emirates from its emerging-market bond indexes by June after the Middle Eastern nation exceeded the bank’s measures of wealth for three successive years. The UAE, which accounts for 4.1% of the JPMorgan’s global diversified EM bond universe , will make its exit in four equal decrements beginning March 31, the New York-based bank said in a statement. The country will also fully leave the euro-denominated bond grouping — where it has a 1% weight — on March 31. The growing riches of Middle Eastern countries have contrasted with their developing-market status in recent years, pushing JPMorgan to remove Kuwait and Qatar from its EM indexes last year. The gauges are widely tracked by investors and the loss of three investment-graded countries within a year could reduce inflows into them in the short term, and change the mix of investors over the longer term. As a result of the removal, the headline spread — also called the spread to worst — for the Emerging Markets Bond Index Global Diversified is expected to widen by 10 basis points at the end of the phase-out period, according to JPMorgan index researchers including Kumaran Ram . That spread, which represents the extra yield investors demand to own EM bonds rather than US Treasuries, stood at 247 basis points on Monday.
peshkov Stock futures ticked higher Tuesday morning as markets navigated Trump's new 10% global tariffs, which went live at midnight, using Trade Act authority after the Supreme Court blocked his prior reciprocal levies. Here are some of Tuesday's biggest stock movers: Biggest stock gainers Vir Biotechnology ( VIR ) +58% - Shares surged after announcing a partnership with Astellas Pharma ( ALPMF )...
peshkov Stock futures ticked higher Tuesday morning as markets navigated Trump's new 10% global tariffs, which went live at midnight, using Trade Act authority after the Supreme Court blocked his prior reciprocal levies. Here are some of Tuesday's biggest stock movers: Biggest stock gainers Vir Biotechnology ( VIR ) +58% - Shares surged after announcing a partnership with Astellas Pharma ( ALPMF ) to develop and commercialize its CD3 T-cell engager VIR-5500 for metastatic castration-resistant prostate cancer. The deal includes $335M in upfront and near-term payments, up to $1.37B in milestones, and tiered double-digit royalties, with Astellas leading commercialization and covering 60% of development costs. Sentiment was further supported by encouraging early clinical data showing dose-dependent anti-tumor activity and strong PSA reductions, alongside better-than-expected Q4 results with sharply higher revenue and a narrower loss. Innovative Industrial Properties ( IIPR ) +4% - Shares rose after the REIT reported Q4 earnings and revenue above expectations, supported by progress in portfolio diversification, balance-sheet strengthening, and tenant resolutions. Management highlighted its strategic investment in IQHQ, the launch of a new $100M revolving credit facility, and continued leasing activity as signs of improving portfolio stability and demand, with Executive Chairman Alan Gold emphasizing disciplined capital allocation and ongoing operational cleanup. Biggest stock losers Hims & Hers Health ( HIMS ) -8% - Shares tumbled after the company’s Q4 results beat on revenue, but its near-term outlook disappointed investors. The telehealth provider guided Q1 2026 revenue to $600M–$625M, well below the ~$653M consensus, while full-year 2026 revenue guidance of $2.7B–$2.9B was only roughly in line. Sentiment was further pressured after the company disclosed it received an SEC enforcement letter related to its disclosures around compounded semaglutide and related business...
Beijing is encouraging equity investors to pursue representative action against unscrupulous listed or delisted firms in an apparent effort to bolster confidence in the country’s stock markets, as trading resumed on Tuesday following a 10-day break. The Supreme People’s Court, mainland China’s highest judicial organ, also announced at a press conference that it would issue more edicts on civil com...
Beijing is encouraging equity investors to pursue representative action against unscrupulous listed or delisted firms in an apparent effort to bolster confidence in the country’s stock markets, as trading resumed on Tuesday following a 10-day break. The Supreme People’s Court, mainland China’s highest judicial organ, also announced at a press conference that it would issue more edicts on civil compensation for insider trading and market manipulation to better safeguard retail investors’...
Elected officials visited Trump properties 145 times since his inauguration, records show Elected leaders from Israel to Iowa have visited Donald Trump’s various properties 145 times since his inauguration last year, according to a new report by Citizens for Responsibility and Ethics in Washington (Crew), a political watchdog group. Trump’s luxury resorts have offered the chief executive an unusua...
Elected officials visited Trump properties 145 times since his inauguration, records show Elected leaders from Israel to Iowa have visited Donald Trump’s various properties 145 times since his inauguration last year, according to a new report by Citizens for Responsibility and Ethics in Washington (Crew), a political watchdog group. Trump’s luxury resorts have offered the chief executive an unusual political arena – and a source of profit. A Guardian analysis of campaign finance records found that US political campaigns and committees spent at least $1.3m at Trump properties since January 2025. Continue reading...
Speech comes as midterms loom and opinion polls show more voters disapprove than approve of his performance The last time Donald Trump delivered a State of the Union address, it produced the memorable optics of Nancy Pelosi ripping up his speech after he finished talking. Pelosi’s theatrical gesture at the end of the February 2020 address (his 2025 speech was technically a joint session of Congres...
Speech comes as midterms loom and opinion polls show more voters disapprove than approve of his performance The last time Donald Trump delivered a State of the Union address, it produced the memorable optics of Nancy Pelosi ripping up his speech after he finished talking. Pelosi’s theatrical gesture at the end of the February 2020 address (his 2025 speech was technically a joint session of Congress, not a State of the Union) eloquently expressed the Democrats’ contempt for Trump’s rosy description of the union he presided over, when he boasted of a booming economy and restoring US strength in characteristic Maga (make America great again) rhetoric. Continue reading...
We explore the strange food-obsessed world of a new game whose tech was once called ‘an insult to life itself’ by Hayao Miyazaki, the film-maker behind Spirited Away A strange piece of software has recently landed on the PC gaming store Steam. And “software” feels like the cleanest way to describe it. Existing somewhere between a full-blown life sim, a science project and a kind of haunted fish ta...
We explore the strange food-obsessed world of a new game whose tech was once called ‘an insult to life itself’ by Hayao Miyazaki, the film-maker behind Spirited Away A strange piece of software has recently landed on the PC gaming store Steam. And “software” feels like the cleanest way to describe it. Existing somewhere between a full-blown life sim, a science project and a kind of haunted fish tank, Anlife: Motion-learning Life Evolution probably would have disappeared without making much impact if it wasn’t for one unusual factor. Several years ago some of its creators were absolutely roasted on camera by one of the genuine legends of Japanese animation. Back in 2016, Hayao Miyazaki, the director of movies such as Princess Mononoke and Spirited Away, was shown new technology that used AI in order to animate models. Faced with a zombie that utilised its head to move by knocking its skull against the ground and wriggling its body like a fish, Miyazaki declared what he had seen was “an insult to life itself”. It’s hard not to watch the clip without feeling slightly seared – but now, a decade later, the ashen-faced developers from that room have sufficiently recovered to make their work widely available. Continue reading...
Taster days and training are offering teenagers an escape from a future of part-time, seasonal work – and giving a boost to a declining industry It’s mid-morning on a rare calm day in Newlyn, Cornwall. Will Roberts is back at the quayside with a catch of mackerel to unload, having set off from the harbour before dawn. At 22, he is something of a rarity here, one of a handful of young fishers runni...
Taster days and training are offering teenagers an escape from a future of part-time, seasonal work – and giving a boost to a declining industry It’s mid-morning on a rare calm day in Newlyn, Cornwall. Will Roberts is back at the quayside with a catch of mackerel to unload, having set off from the harbour before dawn. At 22, he is something of a rarity here, one of a handful of young fishers running his own small commercial boat from the port. “It’s a magical feeling when you set out in the dark, with no one else around, and see the Milky Way in the sky above you,” he says. “I couldn’t imagine working in an office or somewhere indoors, and not be surrounded by all of this.” Potential recruits learn more about career opportunities at sea at a taster day for young people in Newlyn Continue reading...
The Texan made the mistake of his life when he ordered gummies to soothe symptoms of Crohn’s disease. Now his health is suffering in a foreign jail Jarred Shaw is locked up in an Indonesian prison – but at least he isn’t facing execution, something that appeared a possibility less than a year ago. The 35-year-old American was a key member of the Prawira Bandung team who won the Indonesian Basketba...
The Texan made the mistake of his life when he ordered gummies to soothe symptoms of Crohn’s disease. Now his health is suffering in a foreign jail Jarred Shaw is locked up in an Indonesian prison – but at least he isn’t facing execution, something that appeared a possibility less than a year ago. The 35-year-old American was a key member of the Prawira Bandung team who won the Indonesian Basketball League (IBL) in 2023, the latest highlight in a fascinating professional career that had taken him to countries as varied as Tunisia, Lebanon, Uruguay, Saudi Arabia and Japan. Continue reading...
This method can help deter pests and promote growth, but it won’t work for every plant The problem Enter any deep plant nerd space such as the Reddit threads, and you’ll find Leca. Hardcore followers cite positives to growing plants in these clay balls, such as fewer pests and watering mistakes, and faster growth. Switching from soil to semi-hydro is tempting, but does it actually make life easier...
This method can help deter pests and promote growth, but it won’t work for every plant The problem Enter any deep plant nerd space such as the Reddit threads, and you’ll find Leca. Hardcore followers cite positives to growing plants in these clay balls, such as fewer pests and watering mistakes, and faster growth. Switching from soil to semi-hydro is tempting, but does it actually make life easier? The hack Leca stands for lightweight expanded clay aggregate. Unlike soil, it is inert and doesn’t feed the plant. Its job is to hold moisture and air around the roots, while you provide everything else via a diluted fertiliser solution. Water sits at the bottom of the pot, and the clay wicks it upwards, keeping the root zone evenly damp. Continue reading...
Mohammed Haneefa Nizamudeen/iStock via Getty Images The last year has not been a good one for Japanese pharma company Daiichi Sankyo ( DSNKY ) ( DSKYF ) (4568.T). From earnings misses to worries about clinical efficacy and safety to questions about corporate strategy, it’s been a period where investors have hammered the shares on bad news (real or perceived) while giving little credit for positive...
Mohammed Haneefa Nizamudeen/iStock via Getty Images The last year has not been a good one for Japanese pharma company Daiichi Sankyo ( DSNKY ) ( DSKYF ) (4568.T). From earnings misses to worries about clinical efficacy and safety to questions about corporate strategy, it’s been a period where investors have hammered the shares on bad news (real or perceived) while giving little credit for positive developments. Daiichi Sankyo ADRs are down about a third since my last update in January 2025 , significantly underperforming the Japanese pharmaceutical sector (by around 50% as measured by the TOPIX Pharmaceutical Index) and the Japanese market overall. Data by YCharts While key drug Enhertu continues to perform well and Datroway is off to a good start, upcoming readouts like the AVANZAR study are crucial for the stock, and I expect a lot of scrutiny over the upcoming announcement of the next five-year plan. These shares do look meaningfully undervalued today, but a lot is riding on a handful of studies now, and these shares are not suitable for investors who can’t handle above-average risk. Fiscal Third Quarter Results Didn’t Help Daiichi Sankyo’s third quarter was a relative relief after a very disappointing fiscal second quarter, but there really wasn’t much in the way of good news. Moreover, there were a few modest negatives that, in the absence of any offsetting positives, serve to feed the bearish narrative for now. Revenue rose 11% in constant currency for the quarter. Overall, Enhertu revenues were up 37%, with a 32% increase in product revenue. Year-over-year comparisons for Datroway aren’t useful yet, but the 45% sequential growth was better than expected, and management once again raised full-year guidance for this drug. Key legacy drug Lixiana saw 4% revenue growth, and collectively these three compounds are about 60% of total revenue. Gross margin improved almost six points to 79.1%, and operating profit rose 45%, with the operating margin improving about th...
Anyone who paid the taxes should get reimbursed, but the high court did not address how. Business owners wonder if they'll need lawyers, brokers, money — or luck. (Image credit: ASM Games)
Anyone who paid the taxes should get reimbursed, but the high court did not address how. Business owners wonder if they'll need lawyers, brokers, money — or luck. (Image credit: ASM Games)
An NPR investigation finds the public database of Epstein files is missing dozens of pages related to sexual abuse accusations against President Trump. (Image credit: Department of Justice and Getty Images/Collage by Danielle A. Scruggs/NPR)
An NPR investigation finds the public database of Epstein files is missing dozens of pages related to sexual abuse accusations against President Trump. (Image credit: Department of Justice and Getty Images/Collage by Danielle A. Scruggs/NPR)